Relatively Low Beta Detected in Shares of Weyco Group in the Distributors Industry (WEYS, POOL, CORE, GPC, VOXX)
Below are the three companies in the Distributors industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Weyco Group ranks lowest with a a beta of 0.7. Following is Pool with a a beta of 0.9. Core-Mark ranks third lowest with a a beta of 1.0.
Genuine Parts follows with a a beta of 1.0, and Audiovox rounds out the bottom five with a a beta of 1.4.
SmarTrend recommended that its subscribers protect gains by selling shares of Audiovox on April 6th, 2016 by issuing a Downtrend alert when the shares were trading at $4.06. Since that call, shares of Audiovox have fallen 34.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest beta weyco group core-mark Genuine Parts audiovox